
SAP SuccessFactors
SAP SuccessFactors is a provider of cloud Human Experience Management (HXM)—a new term for HCM that SAP considers more “people-focused.” The HXM suite enables companies to find, train, and manage their workforce, as well as combines feedback with operational and employee data to better understand how people feel.
The SAP SuccessFactors Suite
SAP SuccessFactors HCM suite connects core HR processes and payroll, talent management, and performance management to help you deliver exceptional employee experiences. Here’s what you’ll get with the SAP SuccessFactors human capital management suite:
Employee Experience Management
Enhance the employee experience by understanding the key insights and drivers of employee engagement. Employee experience management helps organizations identify experience gaps and respond to employee needs so that your staff will feel more connected, supported, and empowered.
Core HR and Payroll
Develop consistent and standardized HR processes across the business. With today’s hybrid workforce, you can support employees wherever they work with global solutions for core HR, time tracking, cloud payroll, benefits administration, and HR service delivery. By using the best practices baked into SAP SuccessFactors, you can improve the bottom line and reduce risk.
Talent Management
Attract and retain the best talent and create a more diverse workforce. The talent management and career development solution will help you recruit, onboard, develop, and compensate your workforce. It also provides employee assessment and guidance throughout their journey.
HR Analytics and Workforce Planning
Use HR data to get data-driven insights into your workforce, investigate trends with people analytics, and use powerful analytics to improve workforce planning. This solution can also help you identify risks and opportunities around your workforce.
Main Features of SAP SuccessFactors
SAP SuccessFactors has many features to improve HR and business operations. These features can be taken advantage of depending on your company’s specific needs. The features include:
Employee Central
The core of data and information about employees, including employee self-service, organizational management, time tracking and attendance, and global benefits administration.
Performance Management
The basis for measuring employee performance and progress in real-time.
Compensation
A tool for establishing a pay-for-performance culture that will help retain top talent and increase employee productivity.
Learning
A platform to implement training, along with mechanisms for assessing results and progress for better performance.
Recruitment
A talent management tool for organizing the recruitment process, so that it can be handled efficiently and effectively.
Succession Planning and Development
Manage your employee’s development by creating plans to build their competencies and identify/fill talent gaps within your organization.
Onboarding
A system for enhancing the onboarding process helps bring new hires into the company through an easy, automatic, and personal process.
Analytics and Reporting
A tool for delivering actionable, quantitative insights to your business leaders with a combination of talent and business data leveraging artificial intelligence.
Benefits of SAP SuccessFactors
Now, it’s time to cover the advantages of the tool. Here are some of the top benefits customers experience:
Enhanced User Experience
The intuitive user interface is attractive and user-friendly. Plus, employees can access it from all platforms, including SAP SuccessFactors mobile.
Scalability
SAP SuccessFactors can scale as your company grows, so if you start to increase your employee size, you don’t have to worry about bringing on new hardware or undergoing a major expansion. All you need to do is purchase new licenses.
Easy Integrations
SAP SuccessFactors not only provides comprehensive support for HCM end-to-end processes, but it also integrates with SAP and a variety of third-party external systems to enhance your setup, no matter what your particular setup looks like.
Lower IT Costs
Because SAP SuccessFactors is a cloud solution, you can consume the technology as a subscription. That means faster implementation, lower investment costs, no maintenance fees, or upgrade projects.
4 Ways SAP SuccessFactors Differentiates Itself
The suite is designed around principles that focus on employee efficiency, personalization, and opportunity. Here are some key differentiators that set SAP SuccessFactors solutions apart from other software on the market.
1. Personalized Experience
Not everyone is the same, and an employee-first approach helps you deliver personalized experiences customized for how each person works, behaves, and what they need to perform at their top level.
2. Next-Generation HR Capabilities
SAP has a strong history of delivering innovative, next-generation HR solutions that allow organizations to tackle their business and workforce transformation initiative.
3. Automated Global Compliance
Gain resources for country-specific and regional regulations with solutions that support local legal compliances and best practices for hundreds of countries, including payroll.
4. Future-Proof Your Organization
You can easily extend the foundation of the HXM suite by leveraging other SAP solutions, such as SAP ERP Central Component or S/4HANA, not to mention various third-party systems. You can also use more than 300 partner apps to further customize your employee experience.